Budget & Taxes (Small Business)

passed · Massachusetts · Senate Jul 23, 2026

S 1979: An Act stimulating small business investment

By Mr. Fattman, a petition (accompanied by bill, Senate, No. 1979) of Ryan C. Fattman for legislation to stimulate small business investment. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly addresses revenue generation through small business investment incentives, aligning with fiscal policy tools to stimulate economic activity and tax base growth.90% confidence

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passed · Massachusetts · Senate Feb 27, 2025

SD 683: An Act stimulating small business investment

By Mr. Fattman, a petition (accompanied by bill, Senate, No. 1979) of Ryan C. Fattman for legislation to stimulate small business investment. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly addresses revenue through small business investment incentives, aligning with fiscal responsibility and tax relief for businesses.90% confidence

Sub-Topics Business Taxes Tags Small Business

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introduced · Massachusetts · House

HD 2097: An Act reducing costs for microbusinesses

This bill reduces filing fees for microbusinesses in Massachusetts. It lowers the fee for a microbusiness's initial organization certificate and annual report to $200 each, down from the previous amount. The bill directly affects microbusinesses defined under Chapter 23A, Section 69, which typically includes small, locally owned businesses with limited revenue and employees. The key change modifies existing fee schedules in Chapter 156C to specifically cap these two filings at $200. The bill does not create new requirements or alter business operations, only adjusting specific administrative costs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill reduces filing fees for microbusinesses, lowering costs and providing fiscal relief to small businesses under Chapter 23A.95% confidence

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introduced · Massachusetts · House

HD 1320: An Act relative to exempting small businesses from the telecommunications tax

This bill (HD 1320) exempts qualifying small businesses from the Massachusetts telecommunications sales tax. It applies to independently owned businesses (such as sole proprietorships, partnerships, or LLCs) that meet Small Business Administration size standards and either employ fewer than 100 people in Massachusetts or generate under $2 million annually in retail/service industries. The exemption covers sales tax on telecommunications services as defined in existing law. Only businesses meeting all three criteria (independent ownership, SBA size standards, and employee/revenue thresholds) qualify for the tax exemption.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts qualifying small businesses from telecom tax, providing direct tax relief per bill's intent to reduce burdens on eligible entities.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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passed · Massachusetts · Senate Feb 27, 2025

SD 255: An Act to promote employee ownership

This bill (SD 255) allows small businesses with fewer than 500 employees to deduct capital gains from selling company shares to an employee stock ownership plan (ESOP) when the ESOP owns at least 49% of the business. It directly affects small business owners who sponsor ESOPs, providing a tax incentive to transition ownership to employees. The key provision amends tax law to permit this deduction for gains from the sale of employer securities to qualifying ESOPs. The bill must be sponsored by the business itself and applies only to non-publicly traded companies. The measure was recently referred to the Revenue committee after House concurrence.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deduction for small business ESOP transitions, providing tax relief under fiscal policy.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentPromotes employee ownership via tax incentives for ESOPs, aligning with worker benefit protections and ownership rights85% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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introduced · Massachusetts · House

HD 999: An Act to promote employee ownership

This bill (HD 999) creates a tax deduction for small businesses that sell ownership to employee stock ownership plans (ESOPs). It allows businesses with fewer than 500 employees to deduct capital gains from selling company shares to an ESOP that owns at least 49% of the business, provided the business sponsors the ESOP itself. The deduction applies to gains from the sale of employer securities to qualifying ESOPs, reducing taxable income for these businesses. This policy directly affects small, private companies seeking to transition ownership to employees through ESOPs.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for small businesses, reducing taxable income via capital gains relief, aligning with tax relief indicators for business growth.95% confidence

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introduced · Massachusetts · House

HD 1397: An Act to promote employee ownership

This bill (HD 1397) creates a tax deduction for small businesses that sell company shares to employee ownership plans (ESOPs). It allows businesses with fewer than 500 employees to deduct capital gains from selling their shares to an ESOP that owns at least 49% of the company, provided the business sponsors the ESOP. The deduction applies to the net income tax calculation under Chapter 63. This policy directly affects small business owners who use ESOPs to transition ownership to employees. The law aims to incentivize employee ownership by reducing the tax burden on such sales.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deduction for small businesses under Chapter 63, providing tax relief for ESOP transitions.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill creates tax incentives for ESOPs, directly advancing worker ownership stakes and economic security, aligning with labor rights protection indicators.90% confidence

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introduced · Massachusetts · House

HD 2207: An Act providing for property tax relief for small business owners

This bill creates a property tax exemption for small commercial businesses in towns that assess all property at full value. It allows up to a 10% exemption on the average assessed value of qualifying commercial properties (Class 3), but only for properties owned by businesses with 50 or fewer employees and valued below $1 million. The exemption requires local assessors to use an annual list from the Division of Employment and Training (provided by July 1st each year) to verify business size, with the list kept confidential and used solely for tax eligibility. The relief applies in addition to existing exemptions and is funded by the combined value of all Class 3 commercial properties in the town.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption (10% relief) for small businesses with ≤50 employees and < $1M value, directly reducing tax burden per Budget & Taxes topic.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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passed · Massachusetts · Senate Jul 23, 2026

S 2043: An Act relative to the taxation of small business in the commonwealth

By Mr. Moore, a petition (accompanied by bill, Senate, No. 2043) of Michael O. Moore for legislation relative to the taxation of small business in the commonwealth. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly addresses small business taxation, a core component of Budget & Taxes policy, directly engaging with fiscal management.95% confidence

Sub-Topics Business Taxes Tags Small Business

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passed · Massachusetts · House Mar 9, 2026

H 3022: An Act providing for property tax relief for small business owners

By Representative Ayers of Quincy, a petition (accompanied by bill, House, No. 3022) of Bruce J. Ayers relative to providing property tax relief for small business owners. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly provides property tax relief for small business owners, reducing their tax burden under taxation policy.95% confidence

Sub-Topics Business Taxes Property Tax Tags Small Business

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